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a possible recession if the deal on taxes is not reached. investors continued to worry if the u.s. will avoid the dreaded fiscal cliff, let's not point out the most previous minutes. plus retail cannot escape hurricane sandy. sending sales numbers down about 1%. a 4% rise in profits, jumping as much as 32% right now. staples looking good after having higher on all kinds of news. check out what else is soaring today. finally getting an earnings report that people like better-than-expected earnings after the bell yesterday, expected optimistic guidance. the chairman and ceo, 24 hours since those numbers came out, we will ask him if he investors should be expecting more numbers like today and what does he think about the fiscal cliff. what ideas does he have the president right now. and why we dropped 50 points farther from where we were already. down about 78 points, fell 122 down, now it does not look good. why? >> why? i thought maybe you would say something positive. i think we are just dealing with the aftermath of the election. this is not unexpected. it is the same old rhetoric, the same
you. i need it. that's all for us tonight. "ac 360" starts right now. >>> thanks, piers. 10:00 p.m. on the east coast. we begin the way anderson does every night. keeping them honest, not choosing sides or playing political favorites. plenty of that on the other cable news channels. we're interested in facts. they do exist, our goal is to show them to you honestly. tonight, the facts about taxes that a majority of americans established on election day, and an even big erma jort endorsed in recent polling most recently, a leading republican lawmaker on board. they agree with the president who wants to let taxes go up on income more than a quarter million dollars a year. mr. obama and the democrats get their way, doing a deal to raise just those rates would avoid the fiscal cliff, where all bush era tax cuts on all tack tax brackets expire at the ends of the year. the election, popular opinion and more give president obama a lot of clout right now. and you can agree or disagree with the president's policy. that's for you to decide. republican congressmen tom cole of oklahoma disagr
troubles. >> we brought the butterball turkey hot line right here into our sued yo. >> you can e-mail us your turkey questions. e-mail us at friendsfirst@foxnews.com or tweet us at fox friends first. >> we have the master butcher. he is showing us how to properly carve our turkey this year. >> it smells good. >> it does. thanksgiving is a lot more than food. >> as we all know the holidays can be stressful and hard at times. that brings us to our brew own this question of the day. we have a special guest helping us out. dr dr. keith ablow. >> he is going to help us survive the family drama. >> you can tweet us at fox friends first or e-mail at friendsfirst@foxnews.com. keith ablow will be here to help us answer those questions. >> the top five stories making news at this hour. the search for a serial killer is now over. police raying and charging a staten island sales man who is caught on video at the crime scene. spent 24-hours being questioned finally cracked and confessed. he knew all three of his victims and might have been planning to strike again. they found this gun in his bag whic
during the holiday season and consumers make up 70% of the u.s. economy. during the holiday-shortened week the markets moved in tandem for the fiscal cliff. up more midweek. the markets continued to climb on friday. stunning accusations that one of america's iconic companies hewlett-packard which acquired autonomy last year for $11 billion is accusing autonomy of what it called serious improprieties in its bookkeeping and inflating its own value. meg witman says the company lied about how much it was worth. >> we believe there's a willful effort on the part of certain members of autonomy management to mislead shareholders when they were a publicly held companies and mislead buyers including hp and we stand by the forensic review we have seen. as you know, we have turned it over to the fcc. >> we are shocked. we have been pretty ambushed by this today. first we heard about it was a press release and we refute them. they are factually incorrect. we'd like to learn more about them. i'm afraid the details haven't been shared with us. >> reporter: autonomy ceo said the company fo
, which means that holiday shopping frenzy is upon us. and if your christmas list is threatening to do major damage to your bank account, you're not alone. when it comes to finding the very best deals on everything from smartphones to cameras to toys, the answer may be only an app away. abc's sharyn alfonsi brings us the new tricks to saving big for our series, "easy money." >> reporter: meet the perillo family. three sisters in constant motion. it doesn't leave a lot of time for working parents, like sarah and chris perillo, to do a lot of holiday shopping. >> we look for online free shipping. anything we can do to avoid the malls and bring three kids to the malls. >> reporter: increasingly, families like the perillos who struggle to find time to shop and the best deals are turning to the internet. this year, for the first time, more than half of us will shop online, spending $226 billion. in the true spirit of the season, we decided to bring them some high-tech help. nice to meet you. joanna stern is abc's tech editor. she showed us how to outsmart the stores to get great deals. on t
sedan told us that we are in a fight for our liberty. we hope you have a very happy thanksgiving. good night from new york. tom: thank you for nothing. on this thanksgiving week, unions refusing to give anything up? welcome, i am charles payne in for neil cavuto. two dozen employee unions begging congresso spare them on any deaof the fiscal cliff. this on top of unions everywhere flexing their muscles. airports, retail stores, hospitals. it's time to say this gravy train is over. dave, when you have? reporter: all the excesses of government and the phony rules and regulations and useless rules, these unions thre on that. the postal employees union is extraordinary. federal and postal employees are struggling during these hard times. no other group has been asked to financially contribute in the way that they have. we know that they are making twice as much of a comparable job and the private workforce. >> there is no gravy train left. america it is not in the 50s anymore. companies along the lines of this, they can't handle the higher pay rate. there is no future for private and
cut spending and we did, we cut $900 billion in spending that he can't like painful tos us. >> we'll continue our call to rise bol politics and make a deal. oufr guests this morning include mike jackson and also david zaslav. and the head of maris group. and douglas holtz-eakin. >> let's talk about eurozone finance ministers meeting to discuss whether to release a new tranche of fund to go greece. the leaders are not expected it to okay the funding despite greece approving a tough 2013 budget. we'll have more from ross westgate in london on all of that. japan's economy shrank, first contraction since last year. the data adding to signs of slowing global growth and tensions with china nudging the which i into recession. and yen minute's main oil export pipeline shut after it was blown up in two pieces. local news organizations didn't identify the attackers, but they've been repeatedly sabotaged. finally, iran launched a military drill across half of the country today. government warning it would act again against aggressors. >> where is your jacket? >> i decided in high spirit of r
. yes, volatility will be with us for a period of time. but we are very constructive when we look at next year on the whole. >> chris, where's the -- >> what are you seeing today? a fractional move now but it's been very much getting rid of winners and selling into any strength in this market ever since the election. >> well, i guess the question i have for chris, where is the volatility? i'm surprised. the vix has collapsed. it's a rare day when you see the vix down 9%. the stock market, dow is only up 18 points? >> this day has a big asterisk attached to it, don't you think? >> yes, but nonetheless when you saw the stuff over the week we understand a lot of people -- i was surprised how many people were arguing maybe it's not a bad thing to go over the fiscal cliff. i think it's a terrible idea. i'm surprised to see the vix down so much. we have options expiration coming up friday. people are taking off when the risk is rising. i find that a little odd. >> michael, your idea is it's not just about the fiscal cliff. apple is a big factor for this market as well, isn't it? >> no q
. petraeus has no idea what was provided to rice or who was the author of the talking points that she used that, he had no idea she was going on the talk shows until the white house announced it one or two days before. now, the looming question is, in this coverup, who did it? now, earlier, fox's own katherineererridge explained where the talking points went once they left the cia. >> what we are told about the talking points is that it went through an inter-agency review, including the department of justice, the state department, agencies and that at the end of the day you have this final document. >> sean: general petraeus' explosive testimony challenging the white house's stance on what happened from the beginning. and it contradicts u.n. ambassador susan rice, who five days after the attack made the rounds on all five sunday talk shows. remember, she was pushing the position that violence was in reaction to a youtube video. what make this is scandal potentially historic in its reach and effect is the role of the president in all of this. now every day, as more evidence comes out, it is
i'm steve kroft. thanks for joining us. [ticking] [ticking] >> in a nondescript t-shirt at a nondescript desk, mark zuckerberg runs a vast global empire, leading the whole internet in his direction. is the goal for you to conquer the whole internet? to own the internet? >> well, think about it like this. people--if they can use a product of any category--photos, music, tv, anything--either by themselves or with their friends... >> mm-hmm. >> i think most of the time, people want to do those things with their friends, so-- >> so is the answer "yes"? [ticking] you describe bill gates in very harsh terms. um, you've described him as being quite abusive. i mean, it's not a pretty picture. >> and i felt like when i wrote it, i should just tell it like it happened, in an unvarnished way, warts and all. >> you'll hear how the two high school buddies who started microsoft and a computer revolution had some pretty trying times along the way. do you think he came to think that you weren't working as hard as he was and it became a source of resentment with him? >> well, i thi
doing it? find us on facebook or twitter. "cnn saturday morning" with randi kaye continues right now. >>> from cnn world headquarters in atlanta, this is "cnn saturday morning." battling over benghazi, lawmakers are furious. the president is standing his ground. and there is still no one in custody. all morning, we're putting the conflict and the players in focus. on the brink of war as fighting escalates between israel and hamas, experts say there will likely be a lot more bloodshed before the violence stops. and it's the gaffe that has some republicans shaking their heads. why mitt romney says obama won because of the gifts he gave. >>> good morning, everyone. i'm randi kaye. it is 10:00 on the east coast, 7:00 a.m. on the west. we start in gaza this hour, as people there have to fear death from above. israeli war planes have been relentless in their attacks on targets in gaza. they are hunting rocket launchers, but dozens of civilians have been killed as a result. the latest round of this conflict started wednesday, and there is no end in sight. sarah sidener is in gaza city for u
us a lot about the state of the consumer and the u.s. economy today. so we're turning to one of the most seasoned and respected voices on wall street for help. we have dana telsey. she is our guest host for the next three hours. andrew, i'll send it over to you. >> we begin with a visit to toyland and here is toys r us. it opened its doors at 8:00 last night. and we have toys r us ceo joining us right now from the company's flagship store in times square. good morning. >> good morning. >> so i read a report you you had a big line. what's it been like all evening? >> it's been great. we did have a big line. we're at 44th and broadway.line went all the the way to 45th street and then down 45th all the way to 6th avenue. it was huge. people came in in a real celebratory mood. people ate ice cream, relaxed with their kids. i've never seen a black friday like this before, but 8:00 hour worked really well for families. >> let's talk about sales. how did it go overnight? >> we're just starting. this is 5:00 a.m. on black friday morning. we're really just starting. we have about a b.
to point that out. >> we'll consider him the leading edge. >> thank you for joining us. thank you. everybody else, enjoy the rest of your weekend. we'll see you back here on monday. "squawk on the street" begins right now. ♪ have a holly jolly christmas it's the best time of the year ♪ ♪ i don't know if there will be snow but have a cup of cheer ♪ ♪ have a holly jolly christmas ♪ and when you walk down the street ♪ >> bargain hunters starting to hit the malls across the country rushing to get in and get a jump on the holiday shopping season. will it be the strong start retailers are counting on? welcome to "squawk on the street" this day after thanksgiving. hope you had a great holiday. i'm melissa lee along with brian sullivan a sulliv sullivan. let's look at how we're up for this abbreviated session. this is historical tendency in terms of the period between thanksgiving and december 3rd. most of the time we are higher in the markets and we're seeing that play out so far in future. look at the picture in europe. a surprise increase in german business confidence the
, it protects us much better than government over well. that is our show. i am john stossel, thank you for watching. [applause]hour lou: good evening, everybody. a lot has changed in the last 2f hours. to balance the republican author of tax revenue increases. president obama, maintaining a highly believable effort of the white house and congress to resolve differences that would avoid the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiratin on december 31, te consequences would simply be devasting. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. e very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not in a negotiation, but rather competing in the white house media campaign. this is how speaker boehner reacted earlier today to the demands of the
. thank you for joining us. have a great night. we'll see you here tomorrow. ♪ lou: good evening, everybody. more than 200-point swing in the stock market today, but at the end of the days of volatile session the dow jones industrial had a triple digits gain. anxious investors worldwide, however, have been selling stock on concerns about the impending peril of the so-called fiscal cliff. president obama for his part seems utterly unimpressed by market volatility and the consequences of failure to resolve the issues of tax hikes and spending cuts that go into affect the first of the year. as the markets were falling in the first hour of trading this morning, house speaker john maynard stood up and offered support to investors and leaders for the market. stocks stabilized and then began climbing on the speaker's expression of optimism that a deal is within reach. we will take all of that up and more here tonight with bedford open geyser ceo harvey eisen and republicans who have put tax revenue on the negotiating table , and some republicans have flat out repudiated their anti-tax i
dynamics and u.s. steel, of course, as well. david: not a bad day at all. when the bell rings, the action really begins. we are just moments away from big releases. we have starbucks, linkedin and did we mention dreamworks. the stock is up more than 20%. liz: the third-quarter income more than quadrupled since last year. no wonder tupperware cannot contain its excitement. how are they doing as the ceo of tupperware joins us in a fox business exclusive. david: a tupperware party right here on after the bell. we will tell you what drove the market today. stocks pushing higher to date with all industries rally. materials, technology and industrials for two days top performers. utilities did leg a little bit. the prior week's figure was revised higher by 3,372,000. u.s. construction spending rose to its highest level in almost three years in september. spending rose 0.6%. liz: we have tim mulholland at the cme and brian of wells fargo financials. plus, robert gray ready to break in with earnings. first, let's start with tim. not bad at all. you have to admit it looked pretty healthy and good,
army had been stolen from the ministry of defense by the very people the u.s. entrusted to run it. >> that's a lot of money. >> it's one of the biggest thefts in history, i think. >> most of the iraqi officials involved, including the former minister of defense, have skipped the country, but we found one of his deputies vacationing in paris. if you went back to baghdad, you'd be arrested. >> uh, no. nobody will arrest me. they will kill me. [ticking] [camera shutter snaps] >> these surveillance photos were taken by undercover police officers while they watched a team of seven south american thieves clean out an old navy store. >> shirts at $22.50, and they got the whole rack. >> when police moved in to make the arrest, they found enough merchandise to fill a room. all taken in less than an hour without anyone inside the store noticing a thing. [ticking] >> we have never seen a problem of this size and magnitude in world history. >> now hang on. in world history. >> there's more counterfeiting going on in china now than we've ever seen anywhere. >> name an american brand. any brand
steve jobs. you're probably already using something this quiet genius already invented. "the wall street journal report" begins right now. >> this is america's number-one financial news program. "the wall street journal report." now, maria bartiromo. >> here's a look what's making news as we head into a new week on wall street. corporate america had a strong message for president obama this week. ceos from more than a dozen of america's largest companies met with the president and warned that washington must reach a deal to avoid the fiscal cliff. the president also sat down with congressional leaders and officially began negotiations. if congress doesn't act, taxes on income, capital gains, dividends and estates will all go up. and automatic spending cuts will kick in, beginning on january 1st. this week, i spoke with alan simpson and erskine bowles, authors of a deficit reduction plan about what needs to be done. >> you can't tax your way out of this. you can't cut spending your way out of this. you can't grow your way out of this. so grab hold, it's going to be a rocky, rocky road. >>
. >>> good morning to you. i'm carol costello. thank you so much for joining us this morning. more new details on jill kelley, the tampa socialite linked to a respected marine corps general and widening sex scandal. each day it seems more and more loik a bad reality tv show. we've seen kelley march in front of the cameras in a different brightly colored dress each day. now there are report that is her bay front mansion is -- she's having trouble. it could go into foreclosure. we also have learned that she and her surgeon husband are awashed in debt and now faces foreclosures and lawsuits. that's far different than appearances. consider jill kelley's license plate. cnn confirms she's an honorary consul of south korea. at least for the time being sheechlt raise d some eyebrows and a few chuckles when she tried to invoke some kind of imaginary diplomatic powers in this 911 call to police. she was complaining about the media outside her home. >> you know, i don't know if by any chance -- i'm an honorary consul general so i have inviolability so, um, they should not be able to cross my prop
remarkable stories to tell us. we begin with sergeant meijer. >> before we get to the book, and what you did and what you were honored for, recently, the u.s. command in afghanistan forbade american and nato troops from patrolling with our afghan allies. that is just stunning to me after 11 years in the theater. what do you think about that? >> i couldn't imagine. i was living withvi these guys, these afghans and i trusted them with my life. you know, i was so close to them that i was as close to them as i wasth the marines. >> bill: so and you were out in the forward bases so you had the elite afghan troops with you, right? >> i mean, they are just like a regular platoon. they weren't elite or special reports forces they were regular guys. >> regular guys out with you and you say that you trusted them as much as you trusted americans? >> did i. there was never any time i was worried about them a going against me or anything like that. i'm seeing the s recent, you know, the media here lately. i don't know what's going on. so you don't know why there have been recent and within the past 12 mo
. you can print real u.s. postage for all yo letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certified. international. and the mailmapicks it up. i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >> all right. today is back to workday in washington. president obama has his first big meeting on the fiscal cliff since his reelection. and who is he meeting with? union leaders and far left activists. we're scrolling their names on the side of the screen, but you can see richard trumka is there along with the heads of every major union, richard trumka who said this after the president's victory last week. >> it's strongly believed that we should make sure the wealthy should pay their fair share of taxes. they believe we should protect medicare and medicaid and social security benefits from cuts. and voters reject the idea that bringing down t
from the media us because of that. >> i am an honorary consul general, they should not be able to profit, i don't know if you want to get diplomatic protection involved as well. but that's against the law to cross my property since it's inviolable. >> kelly lives near the air force base, home of central command and special operations command, a place where access is closely guarded. yet she had easy access to the country's most powerful general stationed there. according to a friend, who is also editor of "the tampa bay magazine." >> jill is known a gracious hostess, a vivacious individual. >> reporter: this picture taken two years ago at a party at the kelly home, showing jill's twin sister, natalie, general petraeus, jill's husband scott, jill and the general's wife, holly. >> there is no question they were friends. and no reason why they wouldn't be friends. >> reporter: despite all her lavish entertaining, court documents reviewed by abc news show that jill kelly and her husband have been sued at least nine times and face foreclosure on their home. the kelly home also serve
joins us. he says the american people deserve to hear the truth about pin gauzy, and it is time for the president to come clean. he joins us live tonight. not only the president in question, the balance of power in congress to be decided. and that is the subject of tonight's start talks. joining me now, former deputy chief of staff to president george w. bush, karl rove. fox is a contributor. good to have you with us. you have said from the outset that this would be a tight race. did you really expected to be this tech??3 >> the -- that is hard to say, but it will be tight. this will not be settled until the wee hours of wednesday morning. maybe sometime wednesday they will finish counting the ballots, but it will be very tight. lou: and in your most recent op-ed in the "wall street journal" you said it is all about the numbers. amongst the numbers you put a run the victory by two or three percentage points. are you updating that here tonight? are you still convinced of that margin? >> i still think it will e close to that margin. i do think there was an impact on this race to
, the credibility has now been discredited. joining us, kate mcfarland. this is first of all we have to acknowledge i believe it isery clear, there is so much more here writing every day, more questions, it runs ep. the idea that petraeus would not testify or that the secrety of state clinton would have a conflict, your reaction to those. >> the cover-up continues. nobody who knows more about benghazi before, after or during the attack than david bengzi. and now for whatever reason, he is not testy. he may eventually testify, they may subpoena him. at this point where it's his credibility? if he knew he was being investigated as he went up to capitol hill to spin the tale the white houswanted him to spin about this about a movie movie, what nd of leverage did they hold over him? the leverage is gone now, he has nothing to lose. lou: the allegations by the alleged mistre in this impact during the speech on october 26 at the fbi was engaging in putting them up at the cia annex cooperated as x news has reported with resources cooperating the views that is exactly what was happening. what is your reac
cited what he called a diplomatic courtesy as he referred to burma as miramar. not the official u.s. name for which has long been burma. the president met with cambodian strongman, the one-time communist who has held power since the mid-80s. this is the first ever trip to cambodia by a sitting united states president. as the president continues his tour through southeast asia, work continues in washington are possible fiscal cliff deal, confident such a deal would be reached to spur optimism in the market today combined with good news on housing produced a big wall street rally. crude oil hitting a one-month high at the escalation of the middle east, futures jump in almost 3%. the national association of realtors today reporting existing home sales rose more than 2% in october beating forecasts. faster pace of sales and an increase in monthly builder sentiment all contributing to the good news today in the housing market. and wall street acting like the uncertainty of the first goal go cliff has all but disappeared. and trust in both parts has been comic scene, relentlessl my restor
the mosque. that is considered a terrorist organization by the u.s. government, of course. >> i want to thank president morsi for his leadership in ending the violent, this is a critical moment for the region. egypt a new government is assuming the responsibility and leadership that has long made this country a cornerstone of regional stabilitiy it peace. lou: the ceasefire hours after a bomb tow through a bus in israel's defense ministry in tel aviv, it injured at least 2 dozen people, hamas leaders praised the attack but did not take out right responsibility. a damascus based group with ties to the west bank took credit. the israeli government confirmed this is only the first stage of a ceasefire agreement work many questions remain stock answered. a second set of negotiations reportedly to begin within the next 24 hours, israel's blockade of the gaza border, and an end to the flow of arms in to gaza to be negotiated. but perhaps, a bigger question, did secretary of state, hillary clinton, simply rubber-stamp an agreement that has already been negotiated. we take all of this up here tonight
. a former assistant to presidento george w. bush, also with us opera the new york times best-seller the amateur on the obama administration this is as if the obama team did not -- it just knew exactly wat would unfold. that is how together they were >> i'll understand that. the cost per ad, the republicans have to pay, many times more than the democrats. they bought there rate and they bought them in a very inefficient way. the whole campaign was just shot through with inefficiency. lou: de think it will be as easy for the republicans to raise money next time? >> people talking about, is there a silver lining for the republican. no doubt there are a lot of attractive potential candidates. you can go on and on. the question is, the base which controls the primary situation, will they go for any of these people, these populist conservatives overvalue conservatives. lou: let me pose another. i was talking with someone who i will not name. basically the republican party has a strange feeling of being in the buzz around and tells a political party. >> we need to get back to basics
year. courtney reagan's been tracking the numbers and she will join us with the details. also veteran retail analyst dana telsey will join us with her take. and coming up at 6:40, com score gives us a forecast for cyber monday sales. we of course continue to watch the fiscal cliff count down. lawmakers have been trying to convince the naub they are willing to compromise. they return to capitol hill today. >> everything should be on the table. >> bring entitlement reform into the conversation. >> a group of corporate executives are calling on congress to rise above partisan politics to try to find some sort of a solution. we have a lot to talk about with gleg brown and we'll start that in just a moment, but first over to andrew. >>> finance ministers are trying to unfreeze the second bailout package for greece, but first they must agree on how to cut massive debt to a more sustainable level. we'll head to london for details on that. and playing down a deal talk, tom joyce saying his country's currently if talks with at least two firms on a possible sale of its largest business unit. bu
, the u.s. ambassador, susan rice, meets with some of her toughest critics. and apparently they don't like what she has to say. >> we are significantly troubled by many of the answers that we got and some we didn't get. more disturbed now than i was before. >> shepard: republican senators criticizing ambassador rice for her initial comments on the libya consulate attack. >> ambassador rice has no responsibility for collecting, analyzing and providing intelligence. >> shepard: tonight the ambassador responds. >>> plus, the people of egypt trying to avoid trading one dictator for another. fighting back against a president who gave himself new powers. tonight a potential crisis point as the leader tries to put himself above the law. and how will the u.s. handle this? >>> plus, the chances of winning are ridiculously low. but millions of us are still lining up for a shot at a record powerball jackpot. >> lucky, lucky, lotto win. >> shepard: tonight a look at the actual odds of winning it all. but first from fox this tuesday night, three republican senators now say they cannot support the u.n.
. the truth is no matter how many times the president uses the word compromise, the democrats control the senate and the white house and making it clear, tax hikes on those making about $250,000 are coming. the market thinks we are driving right over that fiscal cliff. take a look. since election day the major averages are down at least 5%. the dow, nasdaq, as and become even the russell 2000, small-cap stocks dropping sharply. so, where republicans go from here? we will hear from one congressman coming up. for now, joining us, we have met he declared from americans for tax reform, the group that has played a big part in shaping gop attitude toward tax policy. thanks for coming in the show. we have a lot of really surprising headlines tonight, but i want to start with this idea that the fiscal cliff is something, this is what the democrats are saying, that this is up to the president and the democrats. they say were not going to give the gop of voice. our way or the highway. and of the president starts every speech saying out compromise, but the ins in a totally different way. have yo
will be felt here in the u.s. joining me now in a fox business exclusive is senior advisor to the mayor, thank you for being with us. i want to get right to it. a cease-fire is good news but what is your take on it? >> is quite interesting because since the cease-fire was signed, several rockets were launched after the cease-fire came into effect. things have been pretty quiet and we hope it continues this way. melissa: do you feel that they violated it already? >> i guess you could call it that. we are dealing with band of terrorists whose political ideologies to kill as many as thewecan. we have to take it with a grain of salt. we want the southern border to be peaceful and that is why we signed the cease-fire with them and we hope they stand up to the terms they agreed to. melissa: israel agreed to stop all hostilities and not target specific individuals. palestinians said they would stop against israel including rocket attacks and along the border. obviously this question about that, but does it seem fair to you? >> let's put it this way. our goal is to make sure our citizens live peaceful
's press secretary and attorney joey jackson. thanks o much for joining us, both of you. >> thanks, jenna. melissa: aaron, i will start with you. this is a first but it's not, not totally unexpected. they're broke. what are they supposed to do? >> that's why you go to bankruptcy so the courts figure out who you owe first and who gets what money. you're exactly right they're broke. short of winning the powerball san bernardino has very few options. they have to cut services elsewhere to pay for pensions or raise taxes to pay for the pensions. one way or another they will have to pay the bill. melissa: really? joey, what do you think?. >> i think he is right. what is the smell? sweet smell of victory. ultimately i don't think municipality can get out of this. yes it is in federal court. the question becomes, does the federal government take priority, does the state take priority? back a long, long time ago, melissa when the statute was enacted for bankruptcy it has to be federal. state contract says you honor that obligation. i think states are sovereign. municipalities are sovereign. the f
i'm morley safer. thanks for joining us. [ticking] >> banks were filing foreclosure lawsuits by the millions, and in the rush to collect, it appeared some financial firms were using phony legal documents to throw people out of their homes. chris pendley says he forged 4,000 bogus mortgage documents a day for major u.s. banks. and your previous experience in banking? >> none. [ticking] >> it started out as a mortgage crisis. then it slowly evolved into a credit crisis. now it's something entirely different and much more serious. >> this is a full-blown financial storm and one that comes around perhaps one every 50 or 100 years. this is the real thing. >> and much of what went wrong on wall street could be traced back to something called "credit default swaps." they were traded in a risky shadow market, and they were at the heart of the financial meltdown. [ticking] >> it has tentacles as wide as anything i've seen. i think, next to housing, this is the single most important issue in the united states and certainly the largest threat to the u.s. economy. >> meredith whitney was
's it for tonight. thank you for joining us. have a great night. we will see right back here tomorrow evening. ♪ lou: good evening, everybody. after two months on the successful bid for reelection, president obama stepped up to take responsibility for sending his ambassador to the united nations. susan rice out to the fund it -- sunday talk-show host five days after benghazi and four false statements about the cause of those attacks. the president holding his first press conference in front of the white house press corps since march 6th book, and he made a lot of news in doing so. president obama admitted the erroneous statements delivered by rice on five talk shows five days after four americans were killed in an gauzy were at his order, and one of the most defiant tone as we have heard, obama defended rice and invited congress and his critics to come after him instead of her. >> she made an appearance at the request of the white house in which she gave her best understanding of the intelligence that have been provided to her. and senator mccain and gramm and others want to go after somebody , they
used as a logistics base for the so-called home guard, soldiers and military people who look after this particular area. it's doubtful the guys who fired the rocket knew that. the damage was caused by a grant missile. a battlefield weapon that cannot be aimed accurately. the israelis believe they have significantly reduced the number of launchers, but admit they can't eliminate all of them from the air. israeli troops and armor are still poised to push into gaza and prime minister benjamin netanyahu warned on sunday the military is prepared to significantly expand the operation. but he doesn't have a lot of popular support for that. according to a poll by the newspaper haaretz, 90% of israelis back the war against gaza, but barely 30% are in favor of a ground invasion. diplomatic pressure is also mounting. president obama and other pes te western lyse eaders have cautio against it. civilian casualties will cost israel support from the international community. israeli president shimon peres acknowledged as much. >> i hope it will bring and end to this strange and inhumane war. >> re
, and police files used as confetti at the macy's day parade. how can it happen? is our security now at risk? >> illinois has the worst budget deficit in the nation and why is the state spending millions of taxpayer dollars on table for prisoners. >> and eco friendly zip lines, maybe they want them to watch "fox & friends" in prison, have you ever thought of that. >> dave: amen, there's some viewers, baby. >> clayton: "fox & friends" begins right now. ♪ . >> alisyn:. >> alisyn: good morning, everybody, thanks for joining us bright and early on this sunday morning, we have quite a show for you, including the ongoing debate that dave briggs launched yesterday about yoga pants and we invite you to weigh in this morning. >> clayton: you're still leading this fight and championing this fight. >> alisyn: he's made it a platform. >> dave: i may run for the white house based on yoga pants. there's both good and bad and we will delve into this later on and look, common ground. it's unlike politics, there is some common ground between the two extremes. >> clayton: of yoga pants afficianados. >> alis
from cameras outside her house. her brother told us she has nothing to hide. >> shy is very dedicated to her husband and her kids. for anybody to paint her other than that is completely wrong. >> even soap, jill kelly has now hired one of washington's top criminal defense lawyers, abby lowell, who defended former senator john edward and she even has a publicist. the same one who handled the media for former white house intern monica lewinsky. terry. >> what a strange tale. thanks, brian. we'll keep on it. >>> just ahead, we will turn to a murder in a tropical paradise. and the famous american software tycoon now on the run from the law. >> announcer: abc news "nightline" brought to you by lincoln, in thelteaters everywh, november 16th. wowooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. aww,
are beautiful. >> they recently reported lower profits. keepoon eye on it. >> that's it for us. keep it right here for the numberusiness block with cheril casone and cashin n. namericans flooded the stores big labor holding big strikes with some of the shipping ports. they will block holiday gifts from making it under your tree and disrupt the important money making shopping season. nwelcome to cashin in. we have wayne rogers and johnathon honic and joining us this holiday week. we have that as well welcome to all of you tracey, all of these actions in the port and west coast. you think it is it a threat to retailers. christmas is it right around the corner. >> retailers use the season to take the numbers from the red to the black. this is their bread and butter. anything in the way could hurt them as a result hurt them and the jobs and economy. you can see what is happening with our twinkie and hostess and all . people who make them. they are out of the a job because of union workers who are demanding more. be lucky you have a job right now. >> wayne, if you look at thanksgiving to news year
all be running here to staten island to help us. he is providing generators for this marathon. he is providing people to go to bathrooms when people don't even have homes in staten island. there's electricity and there's no heat in the water. it is a disgrace what he is doing and it is a real disgrace. neil: we do find it odd that after that interview the entire marathon was off. all eyes are on a battered new york. the rodney dangerfield of rows in new york that hadn't gotten a lick of attention. until today. went to the fox reporter and producer and camera crew to shed light on an embarrassing situation at a time when local officials, state officials, even national officials were appraising relief efforts and leave it to some guys to say, you know, it's not so hunky-dory. in staten island, it wasn't going so well. within minutes of our coverage, a once pristine piece of real estate called staten island. that was then. all of a sudden, a different reaction at adam, how are things looking now? >> well, right now, you can't see much because there is dark. there is no electricity an
. >> got five minutes for us today? >> um... [ticking] >> we wondered how the man who could whistle up a corporate jet on a whim... >> let's rock. >> or throw a $2 million birthday party was doing in his reduced circumstances. what's it like to go from king of the world to prisoner number 05a-4820 serving 8 to 25 years behind bars? >> in my wildest imagination, when i would project myself into my late 50s and early 60s, where i would be or what i would be doing, if i make a list of 100 different places or 100 different things, here would never make that list. >> welcome to 60 minutes on cnbc. i'm morley safer. in this edition, we look at stories of crime, punishment, and what money can buy. first, the high-stakes world of japanese organized crime, where big dollars saved the life of an infamous gangster. then we investigate how best-selling author and philanthropist greg mortenson used some of the assets of his multimillion-dollar charity. and finally, we talk to dennis kozlowski, the former ceo who once made headlines for illegal corporate excess. we begin with the yakuza, japan's not
i'm steve kroft. thanks for joining us. [ticking] [ticking] >> it is the mark of the yakuza: ornate, full-body tattoos that cover the members of the japanese mob. so how did one of their most notorious godfathers get into america and jump to the front of a line for a lifesaving liver transplant? this reporter found out and says it may cost him his life. >> as he was leaving and getting in his car, he said, "that"-- you know, "that--that goddamn american jew reporter. i want to kill him." [ticking] >> greg mortenson's book three cups of tea is a publishing phenomenon that has made him a celebrity, a cult-like figure on the lecture circuit, and inspired people to give nearly $60 million to his charity, and it all began with one simple story. >> it's a beautiful story, and it's a lie. >> we wanted to talk to mortenson about that and some other things, but he didn't want to talk to 60 minutes. >> steve kroft. >> nice to meet you. >> how you doing? >> thanks. >> got five minutes for us today? >> um... [ticking] >> we wondered how the man who could whistle up a corporate jet on a whim...
coverage tonight. jonathan hunt at the united nations. first to david lee miller who is live for us this evening in southern israel. today, we heard from hamas leaders. what are they saying david lee? >> shep, let me give you breaking news, just a few moments ago we got word that three israeli cities in southern israel came under rocket attack. we could see the interceptor missiles overhead. this happening just a few moments ago. it was the first rocket attack we have seen in southern israel in the last several hours. now, as for the question about the hamas leadership, as hamas -- as i sudden say as gaza came under fire today by the israelis. the leader, exiled leader of hamas, michelle was speaking in cairo, that's where the cease-fire discussions are taking place. and he said that hamas is not calling for any ground war or escalation, but despite the fact that hamas over the last year has fired more than 700 rockets into israel, he said israel is the aggressor in this conflict. listen to what he said. >> we will not accept any -- they are the ones who attack. a cease-fire will cu
, it is good to have you with us. turned to the talking points. it seems no one after general petraeus made it clear their ranges in the talking points, testimony has been surveyed and mike rogers said it has to be the white house everybody else testified. >> by a agree. i am sure the white house representative council had marching orders. lou: and petraeus said part of the confusion between the testimony he gave to congress three days after september 11 represents what happens when you back the terrorists. >> according to congressman came -- king is indicated that petraeus lied during the first testimony. >> and misrepresented the truth to congress. is it true -- possible for a man had of the agency to take it upon himself to misrepresent reality to the venice states congress? >> i don't know what type of pressures were born on him but congressmen king and the open press it appears that way. lou: pivoting to the pacific obviously now with southeast asia you see a political motivation for foreign policy issue. >> this is the washington game with the scandal brewing, i get out of town. >> ab
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